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Other Comprehensive Income
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Other Comprehensive Income

(2) Other Comprehensive Income

The components of other comprehensive income (“OCI”), including the income tax expense or benefit allocated to each component, were as follows:

 

 

Year ended December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

 

(In thousands)

 

Foreign currency translation adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

Change in unrealized foreign currency translation gains (losses)

   before income taxes

 

$

(25,059

)

 

$

17,383

 

 

$

6,689

 

Income tax expense (benefit) on unrealized foreign currency

  translation gains (losses)

 

 

-

 

 

 

195

 

 

 

81

 

Change in unrealized foreign currency translation gains

  (losses), net of income taxes

 

$

(25,059

)

 

$

17,188

 

 

$

6,608

 

Unrealized gain (losses) on available-for-sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

Change in unrealized holding gains (losses) arising during

   period before income taxes

 

$

(59,661

)

 

$

(3,950

)

 

$

20,500

 

Income tax expense (benefit) on unrealized holding gains

  (losses) arising during period

 

 

(12,681

)

 

 

(1,765

)

 

 

7,174

 

Change in unrealized holding gains (losses) on available-for-sale

  securities arising during period, net of income taxes

 

 

(46,980

)

 

 

(2,185

)

 

 

13,326

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassification from accumulated OCI to net income for (gains)

  losses realized on available-for-sale securities

 

 

(45

)

 

 

(1,589

)

 

 

(3,955

)

Income tax (expense) benefit on (gains) losses reclassified from

  accumulated OCI to net income

 

 

(9

)

 

 

(556

)

 

 

(1,384

)

Reclassification from accumulated OCI to net income for (gains)

  losses realized on available-for-sale securities, net of income

  taxes

 

 

(36

)

 

 

(1,033

)

 

 

(2,571

)

Change in unrealized gains (losses) on available-for-sale

  securities, net of income taxes and reclassification adjustment

 

$

(47,016

)

 

$

(3,218

)

 

$

10,755